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#  3Q21 investor update

April 2021

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#### 3Q21 overview

- Increased occupancy to 96% primarily driven by leasing succes1
- Maintained the Group's strong financial position, with proforma gearing of 29.8%, well below our target range, 35%-45%2
- Upgraded FY21 funds from operations (FFO) guidance to 25.4 - 25.7 cents per security (cps), previously 25.2 -25.5 cps
- Distribution guidance of 20.0 cps reaffirmed

Timothy Collyer, Managing Director of Growthpoint, said, "Growthpoint delivered a strong performance this quarter, building upon our successful start to the financial year. We continued to achieve leasing success, which drove an increase in the portfolio's occupancy to 96%. The Group has no significant lease expiries remaining in FY21 and we are making good progress negotiating key FY22 expiries.

[Read the full 3Q21 Investor Update](/sites/default/files/other-reports/2021/GOZ-3Q21-investor-update-web.pdf)

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1\. All property metrics presented exclude Quad 2, 6 Parkview Drive and Quad 3, 102 Bennelong Parkway, Sydney Olympic Park, New South Wales (the Quads), which the Group exchanged contracts to sell during 3Q21. The Group expects settlement to occur before the end of May 2021.  2. After settlement of the Quads. Gearing as at 31 March 2021 (before settlement of the Quads) was 30.8%.

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